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November 17, 2019, 04:32:00 AM *
News: Help collect the most notable posts made over the last 10 years.
 
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Question: When will we see a new ATH? (Credit to: Biodom)
2019 - 14 (8.6%)
Early 2020 - 35 (21.6%)
Late 2020 - 50 (30.9%)
Early 2021 - 14 (8.6%)
Late 2021 - 26 (16%)
2022 - 4 (2.5%)
2023 - 0 (0%)
2024 - 4 (2.5%)
After 2024 - 3 (1.9%)
Never - 12 (7.4%)
Total Voters: 162

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21432313 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (129 posts by 23 users deleted.)
bones261
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February 02, 2018, 05:26:07 AM


Excellent, logical and positive post! Would have +1’d but I ran out of spendable merit!

** If you need 2 merits to get one sMerit, will everyone eventually run out of sMerit?

There are some users who are designated as sources. So they keep getting sMerit to hand out. I guess you just need to figure out who those people are and get on their good side.
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The Bitcoin Forum is turning 10 years old! Join the community in sharing and exploring the notable posts made over the years.
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True Myth
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February 02, 2018, 05:32:48 AM

People, things are not complicated, this is not some kind of natural disaster, what is happening is that scammers at Scamfinex have to produce 1 US$ for every 1 USDT they produced out of the thin air, or they will go to jail. No matter how low the price is, they have no choice but to sell BTC, there's no other way they can produce US$. Point is they can not sell your coins, they can only sell theirs. It's that simple, why would anyone care if they loose the whole sum they've acquired through scam? They can either sell enough to cover the scam, or fail and go to jail. Sooner or later they will run out of BTC and the line will be drown under, their BTC will be in someone else hands, but your BTC will remain in yours. It's that simple, as someone said 1 BTC will always be 1 BTC, there's no reason to fear of their failure. Only way you can fail is to sell your coins, otherwise you can not lose because this is not your game that is happening right now.

If any of this conjecture were true, Bitfinex would be trailing in price not leading.

*puts on tinfoil hat* Whose to say they aren't selling on another exchange? Selling on thier own could raise flags.

*edit* someone beat me to it.
Why do you presume they are selling on their own exchange? They are in position to move fiat between the exchanges, which their customers can not do as easily as them. If you were in their place, wouldn't you do exactly what they are doing to cover the obvious?

Sorry guys... catching up on this board during a dip is like coming back to work after a 3 week vacation.
HairyMaclairy
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February 02, 2018, 05:33:50 AM
Last edit: February 02, 2018, 05:46:47 AM by HairyMaclairy

Bitcoin dominance 34.9 and rising.

This is how we do.  

Edit:  35%.   
JayJuanGee
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How much alt coin diversification is needed? 0%?


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February 02, 2018, 05:40:59 AM
Merited by mladen00 (1)


...


Excellent, logical and positive post! Would have +1’d but I ran out of spendable merit!

** If you need 2 merits to get one sMerit, will everyone eventually run out of sMerit?


There was the initial distribution of merits and smerits and the rippling effects of the initial distribution would be expected to carry on for a year or more for members to use their merits and then the halvening too, like you mentioned. 

Yet, there are also 57 members that Theymos has designated as sources of about 12,000 smerits per 30 days, and Theymos seems to think that smerits flowing through sources will cause a sufficient enough supply of continued smerits rippling through the forum, yet it seems that it could take several months to determine how the merit system is playing out in terms of ranking up and flow of smerits, etc. 

I doubt it will dry up, but there could be questions about whether it will be fairly distributed and what kinds of posts will attract the giving of merit.
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February 02, 2018, 05:58:58 AM


...


Excellent, logical and positive post! Would have +1’d but I ran out of spendable merit!

** If you need 2 merits to get one sMerit, will everyone eventually run out of sMerit?


There was the initial distribution of merits and smerits and the rippling effects of the initial distribution would be expected to carry on for a year or more for members to use their merits and then the halvening too, like you mentioned. 

Yet, there are also 57 members that Theymos has designated as sources of about 12,000 smerits per 30 days, and Theymos seems to think that smerits flowing through sources will cause a sufficient enough supply of continued smerits rippling through the forum, yet it seems that it could take several months to determine how the merit system is playing out in terms of ranking up and flow of smerits, etc. 

I doubt it will dry up, but there could be questions about whether it will be fairly distributed and what kinds of posts will attract the giving of merit.

The whole thing needs tweaking some more..seems to me. I dont have near enough merits to hand out. I dont want a shit ton more...but being able to reward comments daily and not run out seems like it would be a reasonable place to start. And another damn thing..some hero members had there merits raised if they where near legendary?  If so..what about all the other ranks that where close to ranking up? Its all kinda arbitrary.


Not that I really care..I still am going to give out the forked WOsMerits when earned  Tongue

slightly on topic...seems the east is wakening up and is not happy..more dump?
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February 02, 2018, 05:59:18 AM
Merited by jbreher (1), PoolMinor (1)


Excellent, logical and positive post! Would have +1’d but I ran out of spendable merit!

** If you need 2 merits to get one sMerit, will everyone eventually run out of sMerit?

There are some users who are designated as sources. So they keep getting sMerit to hand out. I guess you just need to figure out who those people are and get on their good side.

Or stop completely to care about that merit stuff.
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February 02, 2018, 06:01:56 AM

Yeah kind of..
Have a very small stash.

Sold the trading stash. Don't have the balls i guess.
Im expecting a bounce at the current level.Just gave up on it.A small rally once the selling pressure subsides.
Opted to put in buys the way down. Hoping atleast the 7500 fills.
Bounce @8900
Bounce @7500
Bounce @5500

I don't mean to be calling you names, but it just does not seem to be a good strategy to play like that - which I mean is selling at about 55% retracement.. and the practice should not be different whether you are holding a lot or holding a little, and probably the most convincing mistake is that either you had not sold enough earlier or you had invested too much (even if it is a small amount)... but yeah, it is understandable that each of us have to do what ends up being comfortable for us... and hopefully learn how to improve our methods so we don't do the opposite of what would be a better practice (buying on the way down - or worse case scenario, just HODLing)
I agree
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February 02, 2018, 06:13:04 AM

Hopefully 8400 is bottom. Probably just wishful thinking but it would be nice. This dip is getting painful!
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February 02, 2018, 06:15:34 AM

No stopping this bleeding
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February 02, 2018, 06:23:29 AM

Korean & Japanese exchanges have lower price than gdax. That can't be good.
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February 02, 2018, 06:27:38 AM

BRACE FOR IMPACT!!
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February 02, 2018, 06:28:29 AM

No support is holding. The dump is too strong  Undecided
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February 02, 2018, 06:30:39 AM

concept of support is silly
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February 02, 2018, 06:30:58 AM

Buckle up, next stop: $8k. If you haven't sold yet, now is the right time.
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February 02, 2018, 06:34:59 AM

BTC dominance 35.8%.  Grind the shitcoins down. 
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February 02, 2018, 06:35:05 AM

if you look at bitfinex you saw (massive) walls of 500-600 BTC at 9000$ and 8750$. When the walls start to get eaten they magically disappear  Cheesy
talk about buying time  Grin
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February 02, 2018, 06:35:26 AM
Last edit: February 02, 2018, 06:48:35 AM by Neo_Coin

Digix, DGX/DGD Bullion Gold on Ethereum wallet.
https://digix.global
https://forum.bitcoin.com/alternative-cryptocurrencies-altcoins/digixdao-token-dgd-pre-launch-via-ccedk-acount-digixdao-t7120.html
https://medium.com/@Digix/partnership-announcement-makerdao-and-digix-dgx-gold-tokens-to-play-a-crucial-role-in-the-dai-8ed4c05b622c
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February 02, 2018, 06:36:59 AM

BTC dominance 35.8%.  Grind the shitcoins down. 

Good point. The alts must die.
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February 02, 2018, 06:37:42 AM

as soon as a transaction rate exceeds that of a regular bank, why using bitcoin?
Because you can send them to any address you like. Try doing that with banks, Visa etc.

I can do a cash transfer up to a certain amount here around the corner, and another one street further than that, etc. And that cash transfer can even be delivered at a home address (for additional fee of course), even an address that doesn't have a computer, internet connection or whatever. There are certainly major advantages to digital currency, but why take the first one ever accepted and never explore better options?

Both still have advantages. Banks for example also allow a 1ct transfer against no fee at a few seconds transaction speed. And I can send money to all of my friends and back again all day, just for fun, without the bank network stressing. Plus the bank guarantees savings up to 20-100k, depending on the people in government :') Anyone got a guarantee from Satoshi already?
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February 02, 2018, 06:42:05 AM

Guys we Did our best to get rich

Its all over

Winter is coming (weekend) we Will see a dip again

Holdddddddddd
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